Course Title: Develop and implement a business plan
Part B: Course Detail
Teaching Period: Term1 2013
Course Code: BUSM6247C
Course Title: Develop and implement a business plan
School: 650T TAFE Business
Campus: City Campus
Program: C6116 - Advanced Diploma of Advertising
Course Contact : Sally Parrott
Course Contact Phone: +61 3 9925 5175
Course Contact Email:sally.parrott@rmit.edu.au
Name and Contact Details of All Other Relevant Staff
Tony Lorkin
Office: 99255486
Mobile: 0412 715 222
E-mail: tony.lorkin@rmit.edu.au
Nominal Hours: 60
Regardless of the mode of delivery, represent a guide to the relative teaching time and student effort required to successfully achieve a particular competency/module. This may include not only scheduled classes or workplace visits but also the amount of effort required to undertake, evaluate and complete all assessment requirements, including any non-classroom activities.
Pre-requisites and Co-requisites
None
Course Description
This unit applies to individuals who are running an organisation or who take a senior role in determining the effective functioning and success of the organisation. As such, they may oversee the work of a number of teams and other managers.
Business plans are critical tools for business growth and development. They will vary depending on the needs of the organisation. This unit covers the typical elements of a business plan and the standard approaches to be used in implementing a business plan.
National Codes, Titles, Elements and Performance Criteria
National Element Code & Title: |
BSBMGT617A Develop and implement a business plan |
Element: |
3. Respond to performance data |
Performance Criteria: |
3.1. Analyse performance reports against planned objectives |
Element: |
1. Develop a business plan |
Performance Criteria: |
1.1. Review and evaluate pre-existing strategic, business and operational plan, if available |
Element: |
2. Monitor performance |
Performance Criteria: |
2.1. Communicate business plan to all relevant parties and ensure understanding of performance requirements and timeframes |
Learning Outcomes
This unit describes the performance outcomes, skills and knowledge required to run a business operation and covers the steps required to develop and implement a business plan.
Details of Learning Activities
One hour lectures
Teacher led tutorials
Guest presenters
Tutorial exercises
Teaching Schedule
WEEK 1:
Course introduction, assessment overview, teaching program overview, student administration requirements
WEEK 2:
Major assignment - Business Plan overview
- a strategy plan
- a marketing plan
- a finance plan
- an HR plan
- a production plan
- a purchasing plan
Align students into pairs
WEEK 3:
Students to choose an existing business or a hypothetical business on which to do major assignment
Discuss chosen business with teacher for approval
WEEK 4:
Business Profile
Situation analysis
Mission Statement
Strategic plan
WEEK 5:
Marketing plan
WEEK 6:
HR plan
WEEK 7:
Production plan
(easter break 28/3-4/4 inclusive)
WEEK 8:
Finance plan
WEEK 9:
Purchasing plan
WEEK 10:
Draft plan outlines for teacher review
WEEK 11:
Evaluation plan - how the businesds plan will be measured/monitored against plan objectives
WEEK 12:
Plan development
WEEK 13:
Plan development
WEEK 14:
Develop PPT presentation of plan overview
WEEK 15:
Student presentations and hand in Business Plan document
WEEK 16:
Resubmissions/resits
Learning Resources
Prescribed Texts
Writing your business plan for small business success, by Ian Brit, published by Pearson |
References
Class notes Internet searches |
Other Resources
Guest presenters
Case studies
Overview of Assessment
Students must demonstrate an understanding of all elements of a particular competency to be deemed competent. Assessment methods have been designed to measure achievement of each competency in a flexible manner over a range of assessment tasks.
Assessment will incorporate a variety of methods including assignments, journals, presentation and written or test. Students are advised that they are likely to be asked to personally demonstrate their assessment work to their teacher to ensure that the relevant competency standards are being met.
Assessment Tasks
ASSESSMENT 1: (Major Assignment)
Students will work in pairs to devlop and write a Business Plan on an organization of their choice (verify choice with teacher)
Assignment due in Week 14
ASSESSMENT 2:
Remaing in pairs, students will develop a secondary plan on how and when specific performance criteria will be measured and monitored against Business Plan objectives
ASSESSMENT 3:
Students (in pairs) will present a 10 minute overview presentation (PPT) of their Business Plan
More detailed assessment sheets for each assessment task will be dissememinated throughout course delivery.
Submission requirements: All assessment tasks need to be submitted via Blackboard
You should:
• Ensure you submit assessments on or before the due date. If your performance in the assessment is affected by unexpected circumstances, you should consider applying for Special Consideration. Information on the process and application forms is available at http://rmit.edu.au/browse;ID=Is0ydfokry9rz website
• Always retain a copy of your assessment tasks (hard copy and soft copy)
• When you submit work for assessment at RMIT University you need to use an Assignment Cover Sheet that includes a declaration and statement of authorship. You must complete, sign and submit an Assignment Cover Sheet with all work you submit for assessment, whether individual or group work. On the Assignment Cover Sheet you declare that the work you are presenting for assessment is your own work. An Assignment Cover Sheet for submission of work is available from the Student Forms website.
• Each page of your assessment should include a footer with your name, student number, the title of the assessment, unit code and title and page numbers. For example: Julie Macpherson, 324567, Task 2, OHS2345C, Ensure Safety in the Workplace, Page 1 of 10.
Assessment Matrix
Full details on how this course is assessed against the Unit elements and performance criteria plus critical aspects of evidence can be found in the Learning and Assessment Tool available from your course teacher.
Course Overview: Access Course Overview